Industry

Deals

Vrdoljak: Cooperation with gov’t acid test for potential INA investor

Croatia's Economy Minister Ivan Vrdoljak has welcomed interest in the purchase of Hungarian oil and gas company MOL's stake in...

Retail

Report: Bunge notified tax authority of VAT fraud cases over two years ago

American food company Bunge had informed the Hungarian Tax Authority (NAV) in detail about massive VAT fraud cases more than...

Deals

Klesch group said to be interested in INA

Klesch Group is doing due diligence in Croatian oil company INA, controlled by its Hungarian peer MOL, international news portal...

Retail

MBSZ: Sunday closure law would bring layoffs, price hikes

The support of some Hungarian chains for Sunday closings is not based on facts or considerations of market reality, and...

Automotive

Masterplast to invest €400,000 in expansion

Masterplast, one of the leading manufacturing and trading companies of thermal insulation materials in the Central- East-European region, announced today...

Pharma

MOL, MVM bid for majority stake in Slovenske Elektrarne

Hungarian oil and gas company MOL announced today that its Slovakian unit Slovnaft and Hungarian state-owned Hungarian Electricity Works (MVM)...

Pharma

Szijjártó: Russia important partner

Hungary considers Russia an important partner, Foreign Minister Péter Szijjártó said before talks with counterpart Sergey Lavrov in Moscow on...

Pharma

Exedy announces HUF 7.3 bln expansion in Hungary

Japanese clutch and torque converter maker Exedy Corporation is spending HUF 7.3 bln to expand its base in Hungary, CEO...

Deals

Simola: MOL’s balance sheet is strong, INA sale still an option

MOL has built up a strong balance sheet for acquisitions, while the sale of its Croatian subsidiary, INA, was still...

Deals

Hong Kong opens gate toward Asian countries

Hong Kong is not only a gate to trade with China but could also act as a bridgehead for Hungarian...

Deals

Spar to postpone portion of planned developments in Hungary

Supermarket operator Spar will postpone a significant part of the investments it planned in Hungary in the next few years,...

Deals

Suzuki to start production of Vitaras in January

Japanese carmaker Suzuki will start the serial production of the new Vitara model in January next year, Magyar Suzuki CEO...

Deals

U.S. envoy urges Hungary-Croatia agreement over INA

A U.S. government representative called on both Croatia and Hungary to reach a consensus over the future of Croatia's oil...

Deals

Croatia selects mediator for talks with MOL

The Croatian government authorized Economy Minister Ivan Vrdoljak to select a mediator who would help the government's and Hungarian oil...

Deals

Prime Minister’s Office to oversee Paks upgrade

As expected, the Prime Minister's Office will exercise the state's ownership rights and obligations over the project company established to...

Pharma

Pharmaceutical Logistics Moves Toward Full Automation

Competitiveness in pharma logistics increasingly depends on digitalization, automation, and quality assurance alongside scale, Andor Nagy, deputy CEO for logistics...

Pharma

Pharmaceutical Logistics: From Reliable Support to Strategic Partnership

Pharmaceutical logistics now encompasses much more than warehousing and transportation. László Dene, deputy CEO for business at Hungaropharma Zrt., discusses...

Pharma

Advancing the Conversation on Ovarian Cancer

Javier Aracil, AbbVie’s general manager for the Adriatics and Hungary, reflects on how greater awareness, continued innovation and collaboration across...

Manufacturing

Coca-Cola HBC Hungary Announces Record HUF 35 bln Expansion

Coca-Cola HBC Magyarország announced a HUF 35 bln investment to expand its Dunaharaszti production center on Wednesday, marking its largest...

Retail

Aldi Hungary Challenges HUF 123 mln Fine Over Advertising Claims

Aldi Magyarország is seeking a court review of a Hungarian Competition Authority (GVH) decision fining it HUF 123 mln for...

Pharma

From Youth-led Ideas to Decision-Makers’ Table: A Day Revolving Around the Future of Hungarian Science and Healthcare

How can Hungary become a regional hub for clinical trials? Young physicians, researchers, and biotech innovators spent a morning tackling...

Pharmaceutical Logistics Moves Toward Full Automation

Competitiveness in pharma logistics increasingly depends on digitalization, automation, and quality assurance alongside scale, Andor Nagy, deputy CEO for logistics...

Pharmaceutical Logistics: From Reliable Support to Strategic Partnership

Pharmaceutical logistics now encompasses much more than warehousing and transportation. László Dene, deputy CEO for business at Hungaropharma Zrt., discusses...

Wizz Air Luton–Sofia Flight Diverted to Budapest After Bomb Threat

A Wizz Air flight from London Luton to Sofia was diverted to Budapest after receiving a bomb threat during the...

Pirelli Cinturato Winter 3 Takes Top Honors in European Tests

As winter approaches, drivers face a familiar question: which tires can provide dependable performance when road conditions start to change?...

Advancing the Conversation on Ovarian Cancer

Javier Aracil, AbbVie’s general manager for the Adriatics and Hungary, reflects on how greater awareness, continued innovation and collaboration across...

Hungary’s First Mr D.I.Y. Store to Open at Köki Alongside Popeyes

Budapest’s Köki shopping center will welcome Hungary’s first Mr D.I.Y. store and the country’s fourth Popeyes restaurant in November. Footwear...

Coca-Cola HBC Hungary Announces Record HUF 35 bln Expansion

Coca-Cola HBC Magyarország announced a HUF 35 bln investment to expand its Dunaharaszti production center on Wednesday, marking its largest...

Ryanair Adds 12th Budapest Aircraft and Eight Routes for Winter

Ryanair will base a 12th aircraft in Budapest for its winter 2026 schedule, operating 54 routes, including eight new connections,...

Michelin Celebrates 30th Anniversary of Presence in Hungary

Michelin celebrated the 30th anniversary of its presence in Hungary at an anniversary event at its Nyíregyháza facility (231 km...

Aldi Hungary Challenges HUF 123 mln Fine Over Advertising Claims

Aldi Magyarország is seeking a court review of a Hungarian Competition Authority (GVH) decision fining it HUF 123 mln for...

Geely Leads Interest in Chinese Car Brands Newly Launched in Hungary

Geely attracted the most interest among Chinese car brands entering Hungary this year, according to January-September data from used car...

Futureal Acquires Hungary’s Largest Outlet Center

Futureal has acquired Premier Outlet Budapest, Hungary’s largest outlet center, as it expands its Hungarian operations into direct investment in...

Serbia Says MOL Deal for NIS Stake Signed; MOL Reports No Disclosure Update

A contract for MOL’s acquisition of a stake in Serbian oil and gas company NIS from Russia’s Gazprom Neft has...

From Youth-led Ideas to Decision-Makers’ Table: A Day Revolving Around the Future of Hungarian Science and Healthcare

How can Hungary become a regional hub for clinical trials? Young physicians, researchers, and biotech innovators spent a morning tackling...

Wizz Air Enters Winter With Fuel Hedges and Record Summer Traffic

Discount airline Wizz Air is preparing for winter with more than EUR 2.2 billion in liquidity and fuel hedges covering...